ÉÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ» º ²²±±°°°°±±²² T A X E S T I M A T O R Version 1993 ²²±±°°²²±±°° º ÌÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍ͹ º T A X T I P S: º º º º 1) Press escape and save your worksheet (so you can update any changes). º º 2) Fine tune the figures as close to reality as possible (tax amounts º º can change significantly, if your figures are off by many $100's). º º 3) It is probably best to be conservative (overestimate on income and º º underestimate on deductions or tax payments). º º 4) Don't forget to adjust for pay raises during the year. º º 5) If you are unsure about itemizing, go with the standard deduction. º º 6) Adjustments to income are good to reduce income, while tax credits º º are even better because they are a dollar for dollar tax reduction. º º Investigate what adjustments and tax credits you may have. º º 7) If you have a tax payment due, you may pay estimated tax payments º º (paid quarterly) OR you can increase your withholding on the W-4. º º The best way to calculate the withholding increase is to use one of º º the tax withholding or credit lines and input the number of paychecks º º left this year and input an amount per pay until the tax is zero. º º º ÈÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍÍͼ